The problem is that there are no superior alternatives to PoW currently when concerning security. It means that non-PoW systems are either less secure (prone to various attacks), less studied (possibly prone to unknown attacks), or they lack some of Bitcoin fundamental properties (like, to my knowledge, Ripple lacks irreversibility). At the same time, PoW altcoins have no chance due to Bitcoin's natural monopoly. It makes it really hard to compete with Bitcoin.
Yep I agree on every point. Etereum is the one which stands out, but to be honest I don't really see any reason to hold the coin.
With Bitcoin I'm currently waiting for the Lightning Network. That thing can push Bitcoin to a whole new level.
Never knew about that before but couldn't find much information about it when I searched either. Could you describe it? Some sort of side-chain technology isn't?
The blockchain for anything that is used for small (or even medium sized) transactions will be huge. The only solution to that is to do transactions off-blockchain. I think a centralized payment processor (like Dwolla) is probably the way to go and am surprised that one hasn't caught on.
Centralized payment processors sounds like a really bad idea to me. It's basiclly takes the purpuse of bitcoin away.
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If you believe in it, it looks like LTC is in a great Head and Shoulders formation - and will fall back to 23 LTC. That said, I'm trying not to do day trading =)
Nice spotted, let's see if it completes. Neckline seems to be at $4,4.
LTC will go back down to eighty six cents, where it belongs.